Posted in Finance, Accounting and Economics Terms, Total Reads: 544
Definition: Macro Manager
Macro Manager is a term used to describe a boss or a supervisor who allows his/her employees to do their jobs with minimal amount of supervision. Some employees believe that macro managers do not provide enough support to them or do not give them proper feedback. They believe this prevents them from doing their jobs effectively.
On the other hand, there are some who are glad that they are left alone to do their jobs without any constant interference from their bosses. A micro manager, opposite of a macro manager is the boss or supervisor who constantly looks into the works of his/her employees giving feedbacks to them on a continuous basis. Such managers are perceived as controlling and over critical.
The term macro manager can also be used to describe a manager of a global macro hedge fund. These macro managers are expected to have in depth knowledge for understanding the implications of investment performance on the global markets. George Soros, Julian Robertson and Michael Steinhardt are examples of such macro managers.